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Business accounting for non-accountants

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Working from home expenses: Limited companies.

If you run your own business from home, HMRC allows you to claim tax relief for some of your home expenses, as long as you use a “reasonable” method to calculate the amount. The Chief Accountant from Freeagent, Emily, outlines the method she uses to calculate business use of home expenses. Check out the infographic for sole traders or limited company directors.

Working from home expenses limited companies.

 

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